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Not only Ethereum but almost all top altcoins are down as market is in bearish. But when the market recovers then Ethereum and other top altcoins will be the first to gain the profit and right now ETH price is almost 80% down the max down we can see is $150 and if you have bought in high can hold or average the buying price by buying in low. If you can hold for long just like BTC you can see a good profit.
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All is red and all alts are dropped in this current situation I HODL all my assets until market recover again cause if I will panic selling in this scenario maybe I'll regret before year ends cause I believe that we will have a bull run and the whales will enter in unexpected time.
Yeah it is not good to sell your bitcoin as the market is on ride to get higher, time is passing and bitcoin is being popular and high in price, I think we should hold for some more time so it will end up giving us huge amount of money as profit, crypto currency has been using since long to get profit bit now people are saving it to have better future as well, so I am holding now market has started to increase the price. Still market is not in bull run but it is still in bearish and we can see some 5 to 10% of selling pressure in coming days. As this bull run in altcoin market is temporary and it will be back down as soon as the traders start to take profit. |
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The team in charge of an ICO is almost as important as the ICO or project itself. When the team is shady or not transparent enough, there is a high chance that the project will be managed by a scammer and it will eventually fail.I think ICO teams should be more transparent and they should communicate with their community a lot because this builds trust which then eventually have a ripple effect on the community.
Leave non stone unturned when making research it is very important
About that the transparency of the team in ICO is needed, i think is not that much important then of using fake teams to promote the ICO. Bitcoin users still dont know who is the sathosi but still the project was genuinely created and did not used fake teams, this is the reason why this coin got success. Keeping secrecy of the team is different until the project is genuine and the developer are delivering a good project without using fake team to promote their project. |
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Because Bitcoin ETF will make better for Crypto ecosystem, Bitcoin ETF will make more high demand for Bitcoin itself and also others crypto. We can see price of Gold was increase all the times high after this asset approved by SEC to be apart of ETF. And Bitcoin will do the same thing if Bitcoin ETF to be approved.
ETF will make the price of bitcoin to go higher but it also causes the itcoin to be considered as investment thing rather than decentralized curreny so it can destrot the vision of satoshi so I don't support ETF for the bitcoin. Not really. Only a physical ETF will. ETFs that don't hold bitcoin and only speculate on its price won't affect it. They will work like futures. a physical ETF doesn't really affect supply and demand of the underlying market. okay---the trust (or whatever is holding the BTC) needs to be funded with BTC, so that does eat up supply initially. but after the ETF is launched, the trust is locked and no real BTC will ever be bought or sold again. it should just follow the spot market. also, i'm pretty sure the applicants for physically backed ETFs (winklevoss, solidx) have already funded their trusts. so none of the ETF stuff should really affect supply at all. And what happens when the interest in these ETFs happens to be higher than they initially assumed? For instance they have prepared to back 100 million USD and after first 6 months they get potential investors willing to put in another 50? Wouldn't they increase their position? Also, there's this psychological barrier that US regulators are against BTC. The SEC approving an ETF would certainly raise confidence worldwide. That's what people are hoping for. What you are telling is correct that people;s confidence will get more if it got included in ETF but it will also make bitcoin to be traded without physical and which will create more volatile in the market and big players can manipulate its price with futures trading and which is not good in the favor of bitcoin traders. |
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What if people convince governments of their nations to make Bitcoin as a legal currency or what if we agree to give tax on our bitcoin income? Will government then make Bitcoin a legal currency.
Making legal is not a big thing but what government wanted is to control bitcoin and its transaction which is impossible. But if they consider bitcoin like other equity market and impose tax according to it then they can earn huge tax which will be benefited by the government in the development of the country. |
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What will happen on BTC if the government will said that all the bitcoin holder have to pay their tax??
Maybe the expansion of BTC community will get low than usual.
You are wrong because if the government impose tax on bitcoin then it clearly means that bitcoin is considered legal in that country, which means that bitcoin can be used as currency and payment option for merchants which will be a very good decision which will give more boost to flourish very fast. As it is legal now anyone can use bitcoin without worry. |
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After December I think that we will see a stable market. The reason is about the price of Bitcoin, if we see it above 10,000 dollar then we can talk about a stable market.
How can you so sure tell that after December the market will be stable, is their any source of analysis or news from market. No one can tell perfect because one good news can give a good strength in market and it can be this month or next month also. |
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Today the price of Ethereum has reached 200 dollars and it is some holiday. Who would have thought that I would be pleased with such an event. I think it's just around the corner and 500 dollars, maybe next month .
Still cannot say that todays ETH price increased more then 12% in BTC and more then 17% in USD is good or is it a trap for users to buy in ETH and then bang the price down. I will wait for one more day and see what is their in market |
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just you hold it, don't sell because you get loss, market will recover soon so that time it price also will increase but you should hold, because i am also bought this coin, so i am waiting for price increase.
TRX coin is not the market based as this coin initially started with 10 sat as much i know it, i saw this coin trading from start in liqui.io exchange. As in that exchange who ever is holding account got 500 trx free coin and i was the one and when i watched this coin for some days and what i am seeing that the price went from 10 sat to 100 sat in 1 day and next day it is nearby 500 sat. So this coin in start was huge profit for lot of them even i sold my free 500 trx for 1000 sat each and then i traded this coin for lot of time and earned huge but recently i sold it for 402 as this coin value is not good and if i am not wrong this coin is going to dead very soon. So it is upto you to hold to do trading in this coin so your loss can get low. |
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I am here to make my fortune through cryptocurrency and get knowledge about it and earn at the same time. Because learning new technology and then earn through it is the main reason behind lot of users who are joining cryptocurrency same as mine also.
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Guys, what is percentage of bounty projects which do not care about listings? Tell me, please, based on your own experience, of course. I mean that some part of them(projects tokens) are not tradable as the team does not care about listings.
I think it depends on the company. You cam always check the road map of the project. There you will see when will they planning to do listing. If they reached the hard cap. Sometimes they usually hold the time for listing,because many bounty hunters will immediately sell their tokens in all the trading site right after the end of the campaign. And thats the main problem because the demand of that coin is low thats why that token will be as low as the price in ICO. Thats many of the company now they do listing when the market is good. If you think that due to bounty hunters are selling the tokens is the reason behind late listing of token to exchange then i think you are wrong. If that is the reason then the token issuer can cancel the bounty and promote their ICO own. Bounty hunters are giving their time and experience to promote the ICO and in against you are giving the bounty and due to this bounty ICO projects get good investment. But the reason is different as most of the ICO are not listing because they are not interested in listing as they get investment what needed and after that they dont care about the investors who invest in the project that the token will get listed and they can also earn. Due to this only most of the ICO in the end get scammed. |
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Bitcoin is now at about 6k$...
I bought tons of bitcoin when the price was at 3k$ and then sold at about 17k$, I made profits then, but now I don't think that the price can go up again...
Will it?
I hope so that it will increase again. Yes it is bad at some point because lot of bitcoin in our wallet was losing it. Bht I will keep on holding so that once it rise again I still recover all the money that I lose. Bitcoin was volatile and it gives hope to me that it will increase again, it just maybe not this time but soon. Bitcoin already surprised us last year and hopefully it will happen again. Until unless you dont sell your bitcoins and book loss , it cannot be considered as loss. It will take time to recover which will take some more time. As it will take more time to consolidate. |
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If i am not wrong Altcoins were created to boost the trading of Bitcoin and free source of earning Bitcoins. Even with lot of good potential projects still the Altcoins value are not able to reach high enough to compete with bitcoins.
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almost half of all people discuss this and continue to imagine if bitcoin will be like this even though they don't know what's going on and what will affect bitcoin this year, I just hope bitocin stabilizes above $ 9k- $ 10k
Even the target price you are hoping for is considerably lower it still need to surpass a lot of price resistances such as the 7,000$ and 8,000$ level which is not an easy thing to do considering that all our previous attempts resulted into a failure which brought as back again to the 6,000$ level and the lowest we have reached during that attempt is 5,900$ What you are telling is the true fact of the current status of Bitcoin, but everyone is living in last year performance and not willing to accept that fact that it is not possible this year same way. The max if the both resistance are broken then we can see $10k price |
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What if... after this match, Alastair Cook decides to take back his retirement decision?
Do you think so? But I don't think he will reverse his decision. India requires another 406 runs to win this match and they still have another seven wickets in this last innings. Pujara and captain got out for duck (zero) and Dhawan scored a single run in second innings. England last batsman played more responsible batting than Indian captain and other top order batsmen. It is a high time for Indian cricket board to sit back and look into the basic issues where they are making mistakes while choosing to team for test matches. So far, it is the worst batting display from Indian team in this innings. What a come back from India before this partnership India were 121/5 and everyone was thinking that India will lose with huge margin but Rishab Pant with K L Rahul partnership took india to 304/5 and last session of the final day started and India needed 159 more runs with 32 overs Left. England will be very much upset as they were very near to win this test match and now the match is turning towards Draw or India win. If India won this test match then once more history will be created with highest run chase in test match. |
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Before Litecoin their were lot of coins which got potential to replace BTC but not able to do it. As BTC got low supply and it is open source project. Other projects are controlled by developer and the supply of this coins are very huge.
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Their are lot of reasons for Ethereum decline, most of the ICO created on ETH platform are now scams, ETH blockchain got problem with not capable of handling huge transactions, Their are more Projects which are same like ETH and are fully capable of competing with ETH and they are more secure as this projects are capable to stop scammers to create ICO to scam.
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Crypto Exchanges are created to trade crypto currency, because without exchange how are you going to buy and sell the coin and increase the value of the coin. So this type of benefits are done by crypto exchanges to the crypto currency.
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Recently i was working on a project related to Altcoin listing on different exchanges. Strange i found out too many new exchanges and people are trading well over there. Don't you guys think there should be limited number of exchanges and regulated ones? (Many new exchanges are nicer too and competitive but there is always a trust issue there specially for new investors). Your thoughts.
i notice it also and it keep growing there are more exchamge coming as there are ICO Exhanges still active. maybe programmer think that running an exchanges is more profitable than creating their own coins. Most of the new Exchanges which are created have come first with their ICO and then using their token they give transaction fees discount. After that lot of new ICO are coming which they need to list it freely so they find it good for this new exchanges, so user who are related to that ICO have to trade on that exchange. Right now as they are new they are going good but when the volume of business goes up then cannot tell how many will with stand and how many will run away as scammers. |
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I think the main reason of market not going up is due to all of them are expecting the same way of market reaction of last year and everyone is prepared to sell off their investment, then who are going to buy in high price. Last time same thing happened when it was not crossing $1000 mark and it was tested so many times and got failure and after when it started most of them sold it below $2000 to $5000 price and then it went more up. So i think this year also we wont see any price high movement. ETF is certainly not a reason of market movement but it is just a fud created by the fudders.
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